771 OLIVE BRANCH RD

Blueprint4,458 SF
12
8
2006
N/A
CAP RATE
{{ percent(capRate, 1) }}
ROI
{{ percent(CoC, 1) }}

{{ currency(propertyValue, 0, '-') }}

Property Value

{{ currency(calcParams.purchaseprice, 0, '-') }}

Purchase Price

Managing property on behalf of {{ access?.behalfOf.firstName }} {{ access?.behalfOf.lastName }}
PRE-FORECLOSURE :: AUCTION SCHEDULED {{ longDate(preForeclosureFiling.auctionDate, 'N/A') }}
You’re viewing this property using financial parameters from your search, which differ from your default settings. You’ve adjusted the financial parameters for this property.
Click “Save” to keep these settings linked to this property when viewed in future sessions.
Proposed Cost {{currency(calcParams.purchaseprice)}}
Property Value {{ currency(propertyValue, 0, '-') }}
After Repair Value ({{currency(flipAfterRepairValueSF)}}/SF) {{currency(flipParams?.afterRepairValue)}}
Total Monthly Rent {{ currency(unitsTotalRentalRate) }}
Average Nightly Rate ({{ currency(strRentalRateSF, 2, '-') }}/SF) {{ currency(calcParams.strRentalRate, 0, '-') }}
Rooms
Avg Weekly Rate
Rental Rate {{ currency(monthlyRental, 0, '-') }}
AUTO
{{ firstProformaYearRaw.fiscalYear }}
 
CAP RATE
{{ firstProformaYearRaw.fiscalYear }}
 
ROI
 
Calculator Mode:
Property Type:
Rental Type:
  • Tenant Occupied
  • {{ propertyStore?.property?.mlsSource?.status }}
Custom Edits

Total Investment Initial Investment

{{ currency(netEquity) }}

Current Equity
{{ number(downpaymentWhole) }} %
Flip Only
{{ currency(flipTotalCashInvested) }}
Cash Required
{{ currency(flipNetProfit) }}
Net Profit
BRRRR
{{ currency(flipNetInvestmentAfterRefi) }}
Net Investment
{{ currency(accumulationOfWealth) }}
10-Year Net Gain
Property Description Source: Keller Williams Heritage West

Welcome to this exceptionally maintained quadplex, located in the highly desirable Brock, Texas! This fantastic investment opportunity offers four spacious units, each thoughtfully designed to provide comfort and convenience. Set in a serene neighborhood, the property boasts a strong curb appeal with its meticulous landscaping and clean exterior. Located in the highly sought-after Brock ISD, tenants will enjoy top-rated schools and a peaceful, small-town atmosphere while being just minutes from I-20, making commuting to nearby cities a breeze. Don't miss this rare opportunity to own a quality quadplex in a rapidly growing area. Perfect for investors or those looking to generate rental income with ease! Quadplex next door is also for sale! This property offers Billboard income as well. Current billboard lease pays $150 per month and typically pays a minimum $500 bonus at the end of the year. Gross income is calculated with this income.

Virtual Tour Link
Avatar
Listing Agent: Lane Cooper
Broker Phone: 817-441-4000
Broker: Keller Williams Heritage West
NTREIS
North Texas Real Estate information Services
List Price: $750,000
List date: 10/01/2024
Days on Rescover: 83
MLS Source: NTREIS
MLS Number: 20740394
MLS Data Sync: 12/23/2024 10:09 AM CST
DISCLAIMER: Rescover, Inc owns and operates the RESCOVER website (the "Site"). Any access of the Site or submission of information to the Site is subject to the Terms of Use. All information submitted to the Site comes from outside sources. Any adaptation of the information is based strictly on assumptions and projections, and are not purported to be actual results. Analysis of and projections made by RESCOVER are for its own purposes to ascertain its pre-determined criteria. All content on the Site accessed by you is "As Is" and without warranty of any kind, express or implied. RESCOVER is not an investment adviser, and does not provide advice of any kind. Any use of the information by you is strictly in accordance with the Terms of Use.

Offcanvas with body scrolling